Ken Griffin now sees value in AI after initial skepticism
Ken Griffin’s hedge fund, Citadel LLC, manages around $68 billion and has posted average annual returns of 19.2% after fees since 1990.
The fund is highly analytical, employing 260 PhDs who use 100 petabytes of data to make daily trading decisions.
Griffin initially thought AI was overhyped, but now believes it has potential, though many people mislabel other technologies as AI.